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August 30, 2017, 04:12:47 AM |
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The abstract of the whitepaper has the best summary:
Peer-to-peer transaction networks such as Bitcoin and Ethereum
have gained traction as they are touted as an anonymous,
and secure way to make electronic payments with low transaction
fees. Our goal is to improve these technologies by developing
a reputation system that calculates reputation based
on underlying network structure and allows users to look up
and record histories of transaction outcomes. We believe that
this will facilitate a more honest market environment. Beyond
standard market transactions, developers will also be
able to quickly build reputation components into their applications
by utilizing our work.
Our contributions come in two parts: an algorithm for measuring reputation
called net flow convergence and a decentralized, token-based
blockchain for recording transaction outcomes, the Reputoken
network.
We will continuously update the website with more information about the token pre-sale and sale, including total token amounts and distribution times.
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